At 11.1 Ether (ETH), the floor price of Bored Ape Yacht Club (BAYC) NFTs has dropped to its lowest position since August 2021, a precipitous decline of more than 90% from its high. NFT Price Floor reports that BAYC has fallen 50% since March 1 and is presently reaching a
Amidst a continuous downturn in the NFT market, the Bored Ape Yacht Club (BAYC) has witnessed its floor price plummet to 17.55 ETH or $66129.98, marking a significant dip since August 2021, when it last dipped below 20 ETH. This decline represents a significant 189% decrease from its peak of
With further assault on the company’s “blue chip” Bored Ape Yacht Club NFT collection, ApeCoin, which powers Yuga Labs’ vast Otherside metaverse game and other apps, hit a record low on Tuesday. According to CMC, the value of ApeCoin, dropped to $1.77 late Monday and early Tuesday. The token had
In conjunction with SaaSy Labs, Bored Ape Yacht Club (BAYC) is announcing the release of “Made by Apes,” an on-chain IP verification tool. The purpose of the application is to provide an easy process by which BAYC members may validate their works and produce a comprehensive catalog. From its peak,
As more and more famous people began investing in NFTs, Yuga Labs’ projects began to take shape. The value of these tokens skyrocketed, specifically BAYC reaching a peak minimum price of 152 ETH which is approx. $429,000 in April of last year. There has been a slowdown in the NFT
All Ape-related creations from Yuga Labs — ApeCoin, BAYC and MAYC — dominated the trends on Crypto Twitter during the Asian noon hours. Neither a positive update nor a pivotal price reversal has occurred. Currently, ApeCoin (APE) is weighed down by the bearish storm. In the past fifteen days, this
This year has been a roller-coaster for the NFT-based ApeCoin because of its erratic highs and lows. Recently, the APE project’s governing DAO approved a community request. That would lead to the creation of an Accelerator program. That encourages the incubation of businesses that use ApeCoin tokens (APE) to enhance
A federal court ruled late Friday in a pre-trial summary judgement in a trademark infringement action that Bored Ape Yacht Club (BAYC) creator Yuga Labs is entitled to an injunction and damages against Ryder Ripps and Jeremy Cahen for their knockoff RR/BAYC NFT collection. In a statement, Yuga Labs called
Yuga Labs, the parent company of Bored Ape Yacht Club (BAYC) have successfully winded up the TwelveFold auction. The total number of successful bidders was 288 with an amount of $16.5 million. The bids were made in BTC and the whole process of bidding created controversies in the crypto market.
Creators of the Bored Ape Yacht Club (BAYC), Yuga Labs, have unveiled a brand-new NFT collection on Bitcoin named “TwelveFold.” 300 limited-edition works of generative art, each inscribed to the Bitcoin network, will make up the TwelveFold collection. Introducing TwelveFold. A limited edition collection of 300 generative pieces, inscribed on
